Panel 1:
[At the DBM HQ, the family is sitting around a conference table...]
Leo the Boss: "Before we adjourn, are there any other matters needing to be discussed?"
Benny the Bookie: "Next year we need to get in on a Christmas racket! Leo, just hear me out..."

Panel 2:
Benny the Bookie: "He’s making a list, He’s checking it twice, He’s gonna find out, Who’s naughty or nice."
Benny the Bookie: "He sees you when you’re sleeping, He knows when you’re awake, He knows if you’ve been bad or good..."
Benny the Bookie: "It’s all right there!"
Jimmy the Nose: [off-screen] "He’s got a point."